111 Park CirFlorenceAL35630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Florence at 111 Park Cir, Florence, AL, 35630 priced at $120,000 pairs $2,681/mo rent with $1,979/mo cash flow after a $587/mo payment. Total monthly income equals $2,681/mo, and annual cash flow comes to $23,748/yr on $39,780 invested. Return on cash invested is 79.61% in year one, and rental yield stands at 26.81% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 422.52% and total cumulative return in cash reaches $168,079. For financing, Ziffy Mortgage’s DSCR program evaluates $2,681/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35630, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,154 (100%) |
| Owner Occupied HU | 6,455 (37.6%) |
| Renter Occupied HU | 8,765 (51.1%) |
| Vacant Housing Units | 1,934 (11.3%) |
| Median Home Value | $192,213 |
| Average Home Value | $243,941 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
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Listed by: Sarah McDavid • Kendall James Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21900104
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